SoundThinking (SSTI) Set to Announce Earnings on Tuesday

SoundThinking (NASDAQ:SSTI - Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, May 14th. Analysts expect SoundThinking to post earnings of ($0.08) per share for the quarter. SoundThinking has set its FY 2024 guidance at EPS.Persons that wish to register for the company's earnings conference call can do so using this link.

SoundThinking (NASDAQ:SSTI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.14). SoundThinking had a negative return on equity of 11.69% and a negative net margin of 2.93%. The company had revenue of $26.05 million for the quarter, compared to the consensus estimate of $25.97 million. On average, analysts expect SoundThinking to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SoundThinking Trading Up 2.3 %

Shares of SoundThinking stock traded up $0.31 on Tuesday, reaching $13.81. 58,935 shares of the company were exchanged, compared to its average volume of 57,611. SoundThinking has a one year low of $12.98 and a one year high of $31.06. The company has a 50-day moving average of $15.15 and a 200 day moving average of $19.13. The company has a market capitalization of $176.63 million, a price-to-earnings ratio of -56.25 and a beta of 1.18.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald restated an "overweight" rating and issued a $25.00 price target on shares of SoundThinking in a research note on Friday, March 15th.

Insider Buying and Selling at SoundThinking

In other SoundThinking news, CEO Ralph A. Clark sold 2,034 shares of the company's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $16.42, for a total value of $33,398.28. Following the transaction, the chief executive officer now directly owns 543,857 shares of the company's stock, valued at approximately $8,930,131.94. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 3,296 shares of company stock valued at $54,459 in the last ninety days. 7.70% of the stock is currently owned by corporate insiders.

SoundThinking Company Profile

SoundThinking, Inc, a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership. Its SafetySmart Platform, an integrated suite of data-driven tools that enable law enforcement and community violence prevention and health organizations to be efficient in public safety outcomes.